1206 Oak StUticaNY13502
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Utica at 1206 Oak St, Utica, NY, 13502 listed at $147,500 pairs $1,440/mo rent with a $722/mo payment to leave $455/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $5,460/yr on $48,896 cash to close. Return on cash invested measures 31.07% in year one, and rental yield registers 11.72% at a $147,500 basis. Equity gained on principal adds $952/yr, and annual property appreciation at 5% supports $40,752 by year five. Five-year ROI tracks 163.35% and total cumulative return in cash totals $79,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $722/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13502, Utica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 7,571 (48.7%) |
| Renter Occupied HU | 6,211 (39.9%) |
| Vacant Housing Units | 1,768 (11.4%) |
| Median Home Value | $164,440 |
| Average Home Value | $209,266 |
Housing Distribution
Address Breakdown
Residential
14,327
Single Family
13,277
Multi-Family
1,050
Businesses
1,009
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Listed by: Emily Wilton • Galligan Associates Inc
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1571180
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